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COVID-19 AND COMMERCIAL REAL ESTATE IN SILICON VALLEY

COVID-19 is impacting all of us and is creating unique challenges for commercial real estate. NAIOP Silicon Valley is here to advocate, inform, and connect. Check back for latest updates and resources to help you navigate the quickly changing landscape.

Access recordings of past Real Time Virtual Series
NAIOP Silicon Valley continues to host free bi-monthly virtual events in an effort to provide timely content related to COVID-19 and its impact to commercial real estate. NAIOP Silicon Valley members are invited to view past recordings.

Vote No on Prop 15 — the Largest Property Tax Hike in CA History
Proposition 15, the split-roll property tax initiative, will be on the November 3 ballot, and is aimed directly at the commercial real estate industry. Unless Prop 15 is defeated, it will dismantle Proposition 13 protections for commercial properties and be the largest property tax increase in California history. Prop 15 will increase the cost of living by making everything more expensive – groceries, fuel, utilities, day care and health care.
Learn more
and why you should Vote No!

CA's Signed/Veto Deadline Passed. Now What?
2,390 bills were introduced in this year’s state legislation session and 485 bills made it to the Governor’s desk. Of those 485 bills, 372 were signed. 95 of the bills had something to do with commercial real estate, keeping NAIOP Silicon Valley and our state lobbying team BUSY! View a full list of bills that were Signed or Vetoed and their impact to commercial real estate.